Utkarsh Small Finance Bank Clarifies NCLT Reference in Scheme of Amalgamation Update
Utkarsh Small Finance Bank Limited issued a clarification regarding its previously communicated intimation concerning a Scheme of Amalgamation. The update, issued on May 25, 2026, addresses a specific reference within the documentation related to the National Company Law Tribunal (NCLT).The Bank clarified that in reference to the Hon'ble National Company Law Tribunal, the mention of the 'Bengaluru Bench' should be read as 'Allahabad Bench, Prayagraj'.
The Bank stated that all other contents of the previous intimation, dated May 20, 2026, remain unchanged.
UTKARSHBNK Stock Price Movement
Shares of Utkarsh Small Finance Bank Limited are edging higher to ₹13.4 as of 2:47 PM today, rallying by 1.44% in live trading. The stock remains near its daily peak, reflecting strong buyer interest with 1.98 million shares traded and a day high of ₹13.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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